'The Company’s current strategy is targeting strategic and prepayment investment around off-take arrangements to form the basis for the 10,000tpa project expansion capex funding solution, with discussions to date focusing on a full funding package and no requirement for debt facilities. The Company is targeting the timing for this to meet the 10,000tpa scale EIA approvals receipt (or around this time), and in the lead up to the commencement of the 2,000tpa lithium carbonate production operations.'
There are so many potentially positive catalysts in the pipeline in 2022. Though I expect a big correction for the US markets, that will not stop the EV adoption surge and the resulting lithium demand shortage will continue.
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- Ann: Quarterly Activities Report - December 2021
Ann: Quarterly Activities Report - December 2021, page-7
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